Il the rift... Sensors and controllers. It is a VR device that has great potential to induce motion sickness. HIMX has that covered in their controller. They also have the eye movement covered with the eye tracking sensor capability.
I do not see any type of LCoS as I don't think it is the correct display type for that type of unit.
Since no one answered yet...
"ASUS Selects Pixelworks’ Iris Mobile Display Processor and True Clarity Enhancements For ZenPad TabletBusiness Wire(Mon, Jun 1)"
If you were unable to find that, you should stick to funds... This is a spec play pure and simply. Great for some swing trades in the past. Now possibly turning the corner.
Not much anyone can say. Earnings will be bad... That much is known. Q2 2014 was -.06. Estimnate is for -.09 this quarter. I sku hitting the shelves with PXLW inside soon. Management has hinted several more design wins on the horizon. We have all been hearing that for a few years... This time we actually have 1...
The conference call is what this is about. Key will be customer funded development revenue. That is the precurser to more wins.
Cash seems adequate for a while (burn rate is ~3m/quarter). Debt is low (!3m). Float is low (21M shares). A fairly tight balance sheet for the extended drought PXLW has seen.
"Earnings for the past quarter are supposed to be lousy also and the revenues for the next couple of quarters are supposed to not increase enough even for the himx's own guidance to be met."
1.) Q2 Earnings are priced in already..... It is well known YoY will be down as well as sequentially..
2.) HIMX has given NO guidance past Q2.... so how could their "own" guidance not be met?
.05 eps beat for Q2. $.36 YOY Q2 increase. Current Q3 estimate is .13. Current Q4 .22.
Expect Q3 estimates to begin to rise. I would expect to see Q3 raised to at least $.20 and Q4 remain the same. Already 20M in accelerated debt payment. 2 More quarters this year would bring that to 60M and an annual interest savings of ~$1.5M (using just the over libor % rate).
Frankly the quarter was excellent.
Correct. Only issue regarding Q2 earnings is meeting or beating. The amount is not important (low) because it is already factored in...
While somewhat tied to that.. The A/r V/r intrigue is what this is pegged to. I actually take it as a good sign that most bets are off the table through options here. Past earnings dates have had big plays that generally turned out right and the resultant share price went down. It looks like no one is playing it currently. Means there really is indecision if this is the "inflection" quarter. Plenty of time to jump in if it is, downswing avoided if it is not. Makes good sense.
The same can be said for the run to 8.99 from the low 6's. There was no significant news and 2015 estimates for eps were dropping. We had "upgrades" based on where the ar/vr world is headed. Nothing concrete regarding HIMX.
What has occurred is simply posturing for the next CC. Aug 7 has the only sig options open volume (1400 8 strike puts). Then you have to go to the Sept 18's for any type of open interest that could have some sway.
The CC is the key. it could go either way.
fsus, Use either nasdaq or Yahoo (not timely on yahoo but fairly correct). There is an option on the summary page left hand side.
For the next couple weeks, there are no strikes with open interest that would affect the stock price. Options are not doing this. Look to the general lack of volume... this is drifting right now before earnings. For the 1st time in a while, no silly games going on.